List of bearish trade chart setups that I have put together
I’ve put together a list of bearish chart setups for you to take a look at. Here is what’s so tough about this market for many traders. Outside of the first trading day of the month. The market hasn’t done anything for the bulls. But has it done anything for the bears really? The market has been down 60% of the time this month (12 out of 20 days) and yet it is only down 0.4% overall. Coming into today, the Dow has been down eight straight days, but it is the second most shallow eight day decline in its history.
As a result, I wouldn’t get to bearish on this market. Sure play the short side some, but don’t bet heavily on it. On the long side, the same advice. Keep risk tight, and don’t over expose your portfolio to too many long positions. That could come back to haunt you as well.
Bearish setups:
